Webull Corporation announced the launch of retail brokerage services in Thailand, reinforcing its position as the world's leading digital brokerage firm.
Webull Corporation's subsidiary, Webull Securities (Thailand) Company Limited, will offer local investors the ability to trade US-listed stocks, ETFs, and options through the Webull app.
Broker Webull has received a brokerage license from the Securities and Exchange Commission of Thailand and will begin offering its services on April 4, 2024.
This launch marks an important milestone as Webull becomes the first US retail broker to enter the Thai market. The platform will also provide local Thai investors with world-class professional trading tools such as charting tools, real-time quotes, and a stock screening tool.
Webull Thailand is offering a number of promotions, including a 50% discount on the fee rate, free access to Nasdaq LV2 real-time quotes, and trading coupons for new investors, TaiwanNews reported.
"We are excited to launch Webull in Thailand, which marks our entry into our fifth market in the Asia-Pacific region. This is a testament to the growing popularity of the Webull trading platform in Asia. Through Webull's professional trading platform, we hope to provide Thai investors with the tools to invest in key global markets. In particular, we expect our superior trading tools, comprehensive market data, and educational materials to significantly lower the barriers to investing," said Chonladet Khemarattana, CEO of Webull Thailand.
"With a growing and dynamic investor base in Thailand, estimated at around 2.6 million individual investors, we are confident that our tools and resources will enable Thais to improve the way they invest and manage their financial goals," he added.
This step confirms Webull's ambition to become a major player in the trading platform market in Asia, further strengthening its position in digital brokerage services.
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